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Nishad Singh hopes to avoid prison in FTX case

Nishad Singh’s team has submitted his sentencing submission, arguing that he should avoid prison due to his extensive cooperation.

No, FTX creditors will not receive $16 billion today

Rumors of a $16 billion payout to victims of the FTX fraud circulated on social media. Some people thought they would receive money today.

Caroline Ellison is the third individual related to the collapse of FTX to be sentenced. Two others will learn their fate later this year.

Caroline Ellison has been sentenced to two years in prison for her role in the FTX-Alameda Research fraud.

On September 24, Caroline Ellison of Alameda Research will receive her final sentence for the crimes she committed that harmed FTX customers.